SMART
How much Smart insurance costs

Insuring a Smart costs about $706 a year for a typical model at the US average — below average — cheaper than most brands. The cheapest is the Fortwo (~$706/yr), the priciest the Fortwo (~$706/yr). Your own rate shifts with your state, age and record, but the model you pick sets the baseline: across 1 Smarts that baseline spans $706 to $706 a year.

INSURANCE / TYPICAL
$706
typical Smart / year
CHEAPEST
Fortwo
cheapest to insure ($706)
PRICIEST
Fortwo
priciest to insure ($706)
COVERAGE
1
Smart models with data

Smart insurance cost by model

Estimated annual premium for every Smart model at the US average, cheapest first — from real HLDI insurance-loss indices. Click a model for its full page — all 1 of them, from the Fortwo up to the Fortwo.

FIG.01
ModelEst. premiumvs averageVerdict
Fortwo$706/yr49% of avgCheap
ROWS 1·SOURCE HLDI × NAIC

Cheapest Smarts to insure

The Smart models that cost the least to insure at the US average.

FIG.02
01
Fortwo49% of avg$706
TOP 1·UNIT est. $/yr (US avg)·SOURCE HLDI × NAIC
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Smart insurance cost by state — all 50

Where you live moves a Smart premium as much as which model you pick. A typical Smart (index 49) runs about $979/yr in Florida but only $455/yr in Maine — a swing of over $524 on the same car.

Estimated annual premium for a typical Smart in every state, priciest first.

FIG.04
StateTypical Smart / yrvs US average
Florida$979/yr+39% vs US
Louisiana$972/yr+38% vs US
New York$931/yr+32% vs US
District of Columbia$893/yr+26% vs US
Georgia$857/yr+21% vs US
Texas$848/yr+20% vs US
Rhode Island$839/yr+19% vs US
New Jersey$831/yr+18% vs US
Colorado$813/yr+15% vs US
Maryland$787/yr+11% vs US
Nevada$786/yr+11% vs US
Michigan$772/yr+9% vs US
Delaware$770/yr+9% vs US
South Carolina$745/yr+6% vs US
Connecticut$741/yr+5% vs US
Arizona$739/yr+5% vs US
California$696/yr-1% vs US
Massachusetts$694/yr-2% vs US
Mississippi$685/yr-3% vs US
Oklahoma$650/yr-8% vs US
Missouri$649/yr-8% vs US
New Mexico$639/yr-9% vs US
Arkansas$637/yr-10% vs US
Utah$631/yr-11% vs US
Pennsylvania$625/yr-11% vs US
Alabama$623/yr-12% vs US
Oregon$623/yr-12% vs US
Alaska$620/yr-12% vs US
Illinois$617/yr-13% vs US
Virginia$608/yr-14% vs US
Washington$606/yr-14% vs US
West Virginia$603/yr-15% vs US
Minnesota$601/yr-15% vs US
Tennessee$595/yr-16% vs US
Kentucky$593/yr-16% vs US
Nebraska$581/yr-18% vs US
Montana$581/yr-18% vs US
Kansas$580/yr-18% vs US
Wyoming$579/yr-18% vs US
South Dakota$568/yr-20% vs US
North Carolina$538/yr-24% vs US
Ohio$509/yr-28% vs US
New Hampshire$507/yr-28% vs US
Indiana$507/yr-28% vs US
Iowa$496/yr-30% vs US
Wisconsin$491/yr-30% vs US
Hawaii$490/yr-31% vs US
Idaho$482/yr-32% vs US
North Dakota$472/yr-33% vs US
Vermont$470/yr-33% vs US
Maine$455/yr-36% vs US
ROWS 51·SOURCE NAIC × HLDI

Estimate a specific Smart model in your state →

Smart insurance cost by year

A typical Smart costs about +19% more to insure than in 2019 — premiums have climbed across the board. Estimated typical Smart premium by year (US average):

FIG.05
YearTypical Smart / yr
2023$706/yr
2022$617/yr
2021$584/yr
2020$578/yr
2019$593/yr
ROWS 5·SOURCE NAIC

For how insurance changes by a car's model year (a 2018 vs a 2024 of the same model), see each model's page.

Insurance cost rankings

Full lists ranked by the same HLDI loss data behind every Smart figure above.

Car insurance rankings
RankingTops the listEstimated costCars ranked
Cheapest CarsChevrolet Express$690/yr669
Priciest CarsMcLaren 720S$10,589/yr669
Cheapest for Teen DriversChevrolet Express$690/yr309
Cheapest for Young DriversChevrolet Express$690/yr309
Cheapest for New DriversChevrolet Express$690/yr591
ROWS 5·SOURCE HLDI loss index + NAIC 2023

Smart insurance — frequently asked

Is Smart expensive to insure?

Smart is below average — cheaper than most brands to insure — a typical model runs about $706/yr at the US average. Sportier and pricier models cost more; mainstream ones cost less — the gap inside the range runs from $706 to $706.

What is the cheapest Smart to insure?

The Fortwo is the cheapest Smart to insure in our data — around $706/yr at the national average, about 51% below a typical car.

What is the most expensive Smart to insure?

The Fortwo is the priciest Smart to insure — roughly $706/yr, about -51% above the average car.

How much is insurance on a Smart per month?

A typical Smart costs about $59/month at the US average for full coverage. It varies by exact model, your state, age and driving record — the cheapest Smart runs about $59/month, the priciest $59.

How is this Smart estimate calculated?

We combine each Smart model's real HLDI insurance-loss index with the NAIC average premium for the US (or your state). It's an estimate for a typical driver with full coverage — not a quote.

Insurance-cost estimates for Smart computed by ForCar from HLDI/IIHS insurance-loss indices (relative losses versus an average car, 100 = average) combined with NAIC average premiums (2023). Estimates assume a typical driver with full coverage; your quote varies with age, record, credit, ZIP and coverage. For research and comparison, not a quote. Reviewed by , founder of ForCar.